Acquisition Intern

Title: Acquisition Intern

Department: Acquisitions & Development

Status: Part Time

Reports to: Daniel Patrick

Revision date: August 15th, 2024

Supervises: No

PURPOSE

Support the execution of the company's Acquisition of Senior Affordable Housing initiatives. Specifically, the Acquisition Intern will assist Sr. Director, Senior Project Leader and Acquisition Analyst in all areas of their positions, from a) performing financial analysis and underwriting of acquisition opportunities, b) leading and coordinating project due diligence, c) working with the acquisition and development team to facilitate, manage, and execute on deal milestones. The Acquisition Intern must have initiative, be an effective communicator and have excellent organizational skills.

The Acquisition Intern will be a part of the Development Department at National Church Residences. National Church Residences is the nation's largest not-for-profit developer and manager of affordable senior housing with 300+ properties in 24 states. The Development Department applies its 40 plus years of property development credentials to initiate, construct, acquire and expand the nation's senior affordable housing supply.

DESIRED ATTRIBUTES

• Strong appreciation for the mission of National Church Residences and ability to identify with and support the needs of its residents and other stakeholders.
• Excellent communication skills and willingness to support a multi-disciplinary department of design, construction, finance, legal and project management professionals.
• A reliable and responsible team player that manages time effectively.
• Strong organizational skills.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

The typical responsibilities for this position are to assist immediate supervisor, other acquisition team members and/or the department with the following:

Identify, investigate, underwrite and model potential acquisition opportunities to determine maximum offer price and financial viability.

Evaluate, Assess and Implement improvements to enhance the existing Acquisition Valuation Model.

Review, analyze, and summarize project due diligence, including but not limited to, compliance, market studies, appraisals, environmental reports and capital needs assessments.

Assist with research and analysis of potential Acquisition Targets.

Promote and participate as an active and supportive member of the acquisition and development team.

Attends and participates in regularly scheduled team meetings

Demonstrates and maintains a positive, professional manner, manages time efficiently and effectively, promotes a team approach, participates in appropriate problem-solving methods.

Must adhere to all policies, procedures, terms and conditions set forth in the National Church Residences Employee Information Guide (EIG) as well as any facility handbook including but not limited to corporate compliance, drug free workplace, safe work practices, all federal, state, local regulations and laws.

Other duties as assigned

Education: Seeking Candidate in Last Years of Undergraduate Degree in Business, Real Estate, Finance, City Planning, Public Policy, or Related Field.Interest in Affordable Housing RealEstate Development.

Mental: Must have good verbal and written communication, organizational, comprehension, computer and interpersonal skills. Must have the ability to speak, read, write and understand English.

Licensure: Valid driver's license and able to meet National Church Residences' motor vehicle policy.

Skills/Abilities:

• Excellent communication and written skills.
• The ability to communicate with and persuade key project stakeholders.
• Must have working knowledge of Windows, Microsoft Office Suite and Excel.

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Vision: The degree of hand and eye coordination as applied to job requirements that induce visual strain. Normal: Consistent with standard workflow.

With respect to said job description, estimate the daily time spent performing the following activities.

Rare (R) = 0-24%; Sometimes (S) = 25-49%; Frequent (F) = 50-74%; Continuous (C) = 75% plus

R = Climbing S = Stooping Lifting / Carrying; S = 10-25 lbs.

F = Standing R = Pushing R = 26-50 lbs.

S = Sitting R = Pulling R = 51-75 lbs.

F = Walking S = Driving R = 76 plus lbs.

Supervision Received: General supervision: Employee generally operates by himself/herself checking with supervisor and team members when in doubt and/or as scheduled.

Schedule: 20 hours per week around intern's schedule during the Academic Year.

Pay: Paid Position

ABOUT NATIONAL CHURCH RESIDENCES

National Church Residences serves more than 65,000 seniors through its array of housing and health care services. The not-for-profit organization is driven by a vision of advancing better living for all seniors, enabling them to remain home for life. With 300+ communities in 24 states and Puerto Rico, it is the nation's largest not-for-profit provider of affordable senior housing and the largest manager of service coordinators. The organization also offers residential senior communities, home and community-based services, as well as permanent supportive housing for the formerly homeless and disabled. For more information, visit us at NationalChurchResidences.org and follow us on Facebook, Twitter and YouTube.

Key Facts

• Employs over 2,700 staff members nationally.
• Is governed by a 21-member volunteer board of directors.
• Is a not-for-profit 501(c) (3) corporation and the largest not-for-profit based in central Ohio.
• Headquartered in Central Ohio.
• The nation's largest not-for-profit provider for affordable senior housing and a national leader in senior HUD housing, with 300+ communities in 24 states.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ancestry, military status, disability, genetic information and/or any other characteristics protected by applicable law.